How to Get Into Cryptocurrency in 2023?
Most people start to get into cryptocurrency when there is hype around it and crypto rates climb up. However, buying crypto when its price is growing is a widespread mistake. A better option is to get into crypto when the market is down, and prices are low. For example, the bear market trend in 2022 is a good time to pick a promising asset and buy it.
It is recommended to pick among large and middle-cap coins, for they are relatively stable to the market fluctuations and, at the same time, have prospects for growth, especially it refers to middle-cap assets.
One of the most traded cryptos you can now buy at a low rate is XRP. Maybe, it is one of the most controversial crypto assets because, on the one hand, it has pretty good future prospects and already has over 100 partners and clients, but on the other hand, its troubles with the SEC slow down its development. However, when the issues with the lawsuit are solved, the project will likely reach the moon, and the XRP rate will skyrocket. So you may buy this asset at a low value (Ripple price now is $0.34) and gold this coin long term to make a fortune when the price grows.
How to Get Crypto?
To get into crypto, you may go the following ways:
- participate in airdrops and get tokens for free;
- buy assets on a crypto exchange;
- play blockchain games and win tokens.
The fastest way of getting into cryptocurrency is by buying coins on a specialized crypto platform. Better to use a centralized exchange that allows buying digital assets with cash. For example, the WhiteBIT platform. It has a straightforward interface divided into two options – for a novice trader and for an advanced. You may also practice buying and selling crypto coins using the WhiteBIT demo tokens. Learn more about how to get into cryptocurrency on the WhiteBIT blog.